What happens to the Reserve if a federal mandate is established for offsets?
While we cannot predict how or when the federal government will regulate GHG offsets, we are confident that we are developing a program and processes that will ultimately inform their actions. The Reserve has already been recognized as a source of high quality offsets by a number of government bodies. For example, the State of California has recognized the Reserve and its project protocols as voluntary early actions under AB 32, and Pennsylvania has named the Reserve as a recommended source of offsets for businesses operating in the state. We believe the Reserve is also well positioned to be a supplier of offsets for the Western Climate Initiative. All of this leads us to believe that the Reserve will be recognized by a federal offset program.
Related Questions
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